KRS Erectors vs LITL Liquidator Adjournment Granted

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: July 16, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai heard Company Appeal (AT)(CH)(Ins) No. 192/2025 between KRS Erectors Pvt. Ltd. (Appellant) and Anuradha Bisani, the Liquidator for LITL (Respondent). The appeal arises from insolvency proceedings involving LITL. During the hearing, the appellant's counsel, Ms. R. Moneshaa, sought an adjournment. There was no appearance from the respondent's side to oppose this request.

Final Outcome

The NCLAT bench comprising Justice Sharad Kumar Sharma (Member-Judicial) and Jatindranath Swain (Member-Technical) granted the adjournment request. The company appeal has been rescheduled for hearing on September 8, 2026. The order was passed in hybrid mode.

Topics: Insolvency Appeal, Adjournment, NCLAT Proceedings